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A firm with earnings per share of $10 and a price-earnings ratio of 24 will have a stock price of $240.00 the market assigns a
A firm with earnings per share of $10 and a price-earnings ratio of 24 will have a stock price of
| $240.00 | |
| the market assigns a stock price independent of EPS and the P/E ratio. | |
| $34.00 | |
| $8.00 |
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Personal Financial Planning
Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley
13th edition
1111971633, 978-1111971632
